3 Stumbling Blocks for Education Agencies to Overcome

International education and migration agencies are increasing day by day. But there is a lack of large education and migration agencies and what’s the reason behind that?

In Australia, there are wide number of education and migration agencies scattered in all states, selling seats of various colleges to hundreds of students. As per one survey, estimation says the number of agencies is selling Australia’s institutions are around 5k and sending more than 371k students every year.

There are small to medium sized businesses in education industry and we believe it’s a fragment of 190 large education agencies in the globe. So, what are the chances of US$150B have worthful of large industries?

At EdMatrix, we work with all size of agencies by applying specific hypothesis.

3 Stumbling Blocks of Education Agencies

In this context, a stumbling block is a rare thing that is extremely arduous for education agencies to beat. They are available in different degrees of anxiety-inducing issues, however they're common to any or all agencies we tend to ever spoke to. Regardless of what proportion you are trying, you may face them. The farther you go along with your education agency, the more durable they'll get and therefore the larger the dimensions and quality these blocks will have.

We can say them the good filters of international education and migration agencies, they'll stop the expansion of the bulk of education agencies by giving enough resistance till the education agency falls apart or until there's enough chaos to forestall from now on increase in size, forcing the education agency to stay the identical size for an extended amount of your time.

1st Stumbling Block: Setting Up An Education Agency

Your education agency is opened! You got the first customer already, and you recognize they got the most effective client service possible: exclusive, tailored, dedicated and unrestricted support.

In the early days are exciting and panic at the identical time. In life you either own you own business otherwise you work for somebody else as associate worker, and you select the primary one. High hopes mixed with high responsibilities and each new client is celebrated. You are feeling the energy to stay pushing.

Currently, you have a lot of individuals and therefore the business is growing, besides the pressure of managing individuals and paying salaries, you'll additionally acknowledge few of those pain points:

• Missing dates of visa expiration makes you miss leads;

• Every day is a battle to get new leads and students;

• The more people you have the more complicated is to coordinate with everyone what/how they should do their tasks;

• The quality is still important, and high involvement of yourself takes too much of your time;

• Training new people is somewhat a challenge, but things are working so far;

The fact is: Very few educational agencies will pass this stage.

That's the largest chunk of education agencies is and just because of these little, persistent and growing pains, that's the primary block of international education agencies arises.

In this part, several education agencies don't have the mandatory structure to make a solid foundation to stay growing. The dearth of solid foundation can build them collapse or to prevent growing. The constant lack of your time and no solid foundation for growth, it'll not enable several agents to grow any than 5-10 staff in total.

A very common call is to partner with different another education agent or agencies, however typically the dysfunctional regular of 2 education agencies are facing the primary nice filter will be enough to make a lot of chaos than support.

2nd Stumbling Block: The Scaling Challenge

Annually, in average 200 students are wherever things begin to travel to a different level (this could depend upon your market and country).

The second nice block can solely be faced by agencies that with success overcome the primary great filter. These are the challenges faced by invasive agencies, with few staff members (more than 15) and many students annually. Your agency is currently growing! You're changing into one in all the key players in your town, congratulations!

Only 30% of agencies will grow up to this stage.

Some common challenges faced by international education agencies at this stage are:

• Your agency’s commission management system is starting to get complicated;

• You have more and more leads but sometimes is difficult to remember the stages of every single one of them;

• You have more employees, and to keep the quality consistent is starting to get more difficult;

• You may need different and multiple ways to attract more leads;

• The CRM for students of your agency is starting to play a critical role (for good or bad) and it may be more and more difficult to change.

3rd Stumbling Block: The Unexplored Territory

For most agencies the second filter can stop them to grow additional. Your leadership ability and capability of delegate, have vision and cater to thousands of issues happening at the identical time can dictate if you the third block of international education consultants and agencies will stop you.

Be able to have groups dedicated for specific issues and challenges:

• Managing multiple branches in different countries, in one centralized and sane way is a daunting process;

• Training of staff becomes critical - even more than before - and internal communication may need a specific team just for that purpose;

• Managing contracts, commission, bonuses and allocating budget efficiently is critical for your profitability;

• Turnover of staff, engagement, different labor laws and HR is at an enterprise-level of difficulty;

• Your systems and processes performance, flexibility and governance are key to maintain customer satisfaction.

What do you need to overcome the 3 stumbling blocks?

Two special things are most significant points to concentrate on once guiding your education agency to beat the three unsteady blocks: constant learning/professionalism and systems.

Expertness/Constant learning: Expertness and constant learning regarding new ways of doing all your job is crucial. 10 years ago, nobody predicted Facebook, but now it’s well-known social network.

System and Processes: Our entire human civilization is constructed on technology, in increasing our potency. solely technology will deliver that, doesn't matter the system (would be smart if it absolutely was EdMatrix though), to possess systems in situ and clear processes is crucial to prepare the growing chaos of growing any business.

What does one assume, does one consider our three hindrances of education agencies growth? allow us to understand within the comments.